The Paypers

OCTOBER 12, 2023

Global payments technology company Mastercard has revealed that it demonstrated CBDC interoperability for trusted Web3 commerce in Australia.

CBDC 98

CBDC Interoperability Visa Global Payments 98

Fintech Finance

OCTOBER 9, 2024

and CBI joins their IBAN-Name Check expertise at the service of their respective communities in order to offer an interoperable solution to fight against fraud. Through this collaboration, PSPs connected to this interoperable solution will gain access to a crucial verification service. SEPAmail.eu The post CBI and SEPAmail.eu

IBAN 105

IBAN Interoperability Payee Verification 105

Basis Theory

MARCH 11, 2024

Access to, and control of, data is a fiercely competitive and much-debated area of modern business, and nowhere is this more true than in the cases of data portability and interoperability.

Interoperability 88

Interoperability Payments Data Payments 88

Bank Automation

MAY 24, 2024

The Clearing House’s Real Time Payments network and The Federal Reserve’s FedNow network are prepared to tackle interoperability eventually — but for now, its value remains minimal.

RTP 78

RTP FedNow Interoperability Real Time Payments 78

NFCW

DECEMBER 15, 2023

The certification is pivotal to instilling trust among consumers and the industry because CCC Digital Key provides a global standard for interoperability,” the consortium says. Car Connectivity Consortium launches certification program for NFC digital car key interoperability was written by Tom Phillips and published by NFCW.

Interoperability 84

Interoperability Product Consumer Security 84

Payments Dive

MAY 7, 2024

When it comes to bridging the FedNow and RTP networks, officials at the Federal Reserve and The Clearing House have slightly different priorities.

TCH 103

TCH Interoperability Fed Federal Reserve 103

The Paypers

JUNE 3, 2024

Singapore-based Thunes , in collaboration with Visa , has launched a survey which highlights conflicted opinions among Europe-based companies on cross-border payment interoperability.

Cross-Border Payments 68

Cross-Border Payments Cross-Border Interoperability Payments 68

Finextra

OCTOBER 24, 2024

Exploring the substantial growth across account-to-account payments and the conversion of cash to digital payments, the interview examines how the financial ecosystem is opening with digital wallet payments, QR Code acceptance and the promise of interoperability.

Real Time Payments 69

Real Time Payments Interoperability Innovation Payments 69

Finextra

JULY 4, 2024

Exploring the impact of the regulation on the industry and Swift's role, the discussion covers how interoperability can be facilitated between domestic Verification of Payee providers, enhancing their reach across Europe and beyond, while simplifying compliance with the regulation for financial institutions.

Interoperability 59

Interoperability Instant Payments Cross-Border Payments Cross-Border 59

Fintech News

SEPTEMBER 11, 2024

Its blockchain interoperability experiments have demonstrated that Swift’s infrastructure can support the transfer of tokenized value across both public and private blockchains. This advancement could allow real-time exchanges of tokenised assets and payments on the Swift platform.

SWIFT 145

SWIFT Multi-Currency CBDC Interoperability 145

Open Banking Excellence

MAY 2, 2024

Interoperability and international expansion A key strategic outcome from all our activities in this space is to drive the creation of business models which are scalable outside of Georgia. We are an observing member of Project mBridge, which is focused on interoperable CBDCs. We are not just limited to the Berlin standards.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

The Fintech Times

APRIL 20, 2024

Additionally, it emphasises the importance of local champions, eID wallets, open finance , and the critical need for interoperability. The post Mobey Forum Notes Need for Interoperability and Open Finance in Uptake of Digital Wallets by Banks appeared first on The Fintech Times.

Interoperability 69

Interoperability Finance Facilitators Transactions 69

Finextra

JUNE 18, 2024

Bank-to-bank payment messaging network Swift is working to facilitate interoperability of Verifcation of Payee schemes across Europe as new research shows that 83% of SMEs across France, Germany, Italy and Spain rank upfront beneficiary checks as important to them in trading across borders.

SWIFT 132

SWIFT Payee Interoperability Payment Message 132

Fintech News

JANUARY 15, 2024

Building upon SGQR, SGQR+ represents the next generation of interoperable payments for merchants., designed to align with the country’s vision of a seamless, accessible, and interoperable payments ecosystem. Here are five interesting takeaways gathered from the interoperable SGQR+ trials.

Interoperability 117

Interoperability Cross-Border Payments Financial Inclusion 117

Fintech Finance

AUGUST 20, 2024

TerraPay , a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Interoperability Payments 52

Fintech News

OCTOBER 17, 2024

The Bank for International Settlements (BIS) has launched Project Aperta , an initiative aimed at improving open finance interoperability, reducing frictions, and cutting costs in global finance. Businesses currently face costly inefficiencies due to excessive manual paperwork and limited digital data portability.

Cross-Border 117

Cross-Border Finance Security Interoperability 117

Fintech Finance

MARCH 1, 2024

Furthermore, it offers unparalleled flexibility, interoperability, and efficiency compared to legacy formats, positioning FIs for long-term success in an increasingly digital economy. ISO 20022 presents various benefits for FIs, including improved payment services, strengthened customer relationships, and diversified revenue streams.

ISO 20022 144

ISO 20022 ISOs FedWire Message Standards 144

Finextra

OCTOBER 24, 2024

By liberating assets to be used for other functions in trading operations, the world is a trader’s oyster and future developments in ESG instruments, structured finance, and infrastructure also opens up a way to create commercial assets and verify sequestration with smart contracts and data oracles, ensuring the integrity of the asset, cross chain (..)

Use Case 139

Use Case Interoperability Blockchain Finance 139

Fintech News

JUNE 12, 2024

Theme 1: Establishing Optimal Governance and Interoperability Frameworks Effective governance and interoperability frameworks will be crucial for managing the complexities of cross-border payments. One idea is to have a central system for checking payments against sanctions lists, which could make the process faster and simpler.

Cross-Border Payments 119

Cross-Border Payments Cross-Border Interoperability Payments 119

Fintech News

NOVEMBER 6, 2024

He outlined MAS’ long-term efforts to enhance capabilities, such as developing a national digital identity, fast payment rails, and achieving seamless interoperability between payment schemes to ensure low-cost, accessible, and efficient payments. Discussing generative AI, Chia described MAS’ cautious but collaborative approach.

FinTech 109

FinTech Interoperability Cross-Border Payments Stablecoins 109

The Fintech Times

APRIL 17, 2024

In tandem, Quant also contributes its proficiency in enabling programmability and interoperability across various monetary forms, supplying the orchestration and API layer through its Overledger platform. This strategic choice highlights their complementary methods in achieving interoperability as well as seamless integration.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

Fintech Review

SEPTEMBER 11, 2024

The Web3 Foundation , in partnership with Scytale Digital , has led the seed funding round for Hyperbridge , a groundbreaking protocol poised to transform blockchain interoperability. Unlike existing point-to-point bridge models, Hyperbridge introduces a hub model that scales verifiable interoperability across all chains.

Interoperability 52

Interoperability Blockchain Authentication Security 52

Fintech News

NOVEMBER 3, 2024

The project uses a digital transfer agent smart contract and Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for cross-chain communication, enhancing efficiency and transparency while cutting costs. This phase tests the commercial use of a tokenised UBS money market fund under a Variable Capital Company (VCC) structure.

Cross-Border 115

Cross-Border Security Interoperability Blockchain 115

Finextra

FEBRUARY 13, 2024

We explore the significance of interoperability and the prioritisation of standardisation to enhance cross-border transactions. Additionally, we explain the key methods for ensuring seamless transactions across borders, leveraging ISO 20022 data and AI for fraud prevention, resilience, and scalability across all 13 markets.

ISO 20022 108

ISO 20022 Cross-Border Fraud Prevention ISOs 108

Stripe

APRIL 23, 2024

We announced AI-powered payments, our biggest-ever upgrades to Stripe Connect, new support for usage-based billing, increased interoperability, and a lot more.

Product 94

Product Interoperability AI Payments 94

Fintech News

JULY 15, 2024

The agreement aims to enhance cooperation on the interoperability of cross-border payments and establish a framework for seamless connectivity between Indonesia and South Korea. This MOU follows the 2022 bilateral cooperation agreement on central banking and was signed by BI Governor Perry Warjiyo and BoK Governor Rhee Chang Yong.

Cross-Border Payments 119

Cross-Border Payments Cross-Border Central Bank Interoperability 119

Fintech News

SEPTEMBER 10, 2024

Asia Pacific point-of-sale payment methods – Select markets, Source: Beyond Payments: Digitalization Trends in the Cross-Border Checkout Revolution, Deloitte, Jul 2024 Payment interoperability The growth of digital payment innovations in APAC has emphasized the need for connectivity and interoperability in both online and offline transactions.

Cross-Border Payments 110

Cross-Border Payments Cross-Border APACS Interoperability 110

Fintech Finance

JUNE 17, 2024

The project will provide insights on how operators of real-time gross settlement (RTGS) systems could enable interoperability with new payments technologies, such as distributed ledger technology (DLT). The aim in both scenarios will be for the SO to successfully orchestrate the settlement of a payment versus payment (PvP) FX transaction.

Real Time Gross Settlement (RTGS) 97

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Interoperability 97

Fintech News

NOVEMBER 12, 2024

Nexus, now overseen by the newly created Nexus Scheme Operator (NSO) , aims to establish a unified framework for seamless cross-border payments by addressing interoperability challenges between different national systems.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Payment Initiation Cross-Border Settlement 117

Fintech News

NOVEMBER 11, 2024

As a member of the Project Guardian policymaker group, the Bundesbank will contribute to cross-border collaboration by working with other central banks and institutions to develop common standards and improve interoperability for this emerging technology.

Central Bank 125

Central Bank Distributed Ledger Technology (DLT) Interoperability Cross-Border 125

Fintech News

SEPTEMBER 30, 2024

ANZ will collaborate with Chainlink Labs and ADDX, a Singapore-based private market exchange platform, to test the interoperability of these assets between different blockchains. The project aims to explore broader access to tokenised real-world assets, such as commercial paper, in financial markets.

Interoperability 104

Interoperability Stablecoins Blockchain Authorization 104

Fintech News

MARCH 26, 2024

This partnership is designed to ensure global interoperability, regulatory compliance, and market credibility for streamlined and interconnected cryptocurrency transactions. The integration of GTR protocol with Sumsub’s Travel Rule solution is a major advancement in ensuring interoperability and addressing the sunrise issue.

Travel Rule 120

Travel Rule Rules Compliance Transactions 120

Fintech News

MARCH 25, 2024

Specifically, in digital trade, the experiments proved the capability for interoperability among diverse digital networks, facilitating atomic trade payments. This method allows for the simultaneous completion of payments and asset transfers, potentially enabling around-the-clock automated trade flows.

CBDC 110

CBDC SWIFT Interoperability Settlement 110

Payments Dive

OCTOBER 24, 2024

payments associations urged the World Bank this week to consider interoperability and private sector involvement in its development of a digital public infrastructure.

Interoperability 88

Interoperability Payments 88

Fintech News

JULY 9, 2024

The company also collaborates with DBS Bank, Google Pay, United Overseas Bank, and Singtel Dash as part of its loyalty program to enable interoperable payments. Fave has previously contributed to the development of Singapore’s fintech ecosystem, notably participating in MAS’ SGQR+ Proof of Concept to improve QR payment interoperability.

Interoperability 99

Interoperability Payments Payments Institute Facilitators 99

The Payments Association

JUNE 7, 2024

Adopting ISO 20022 is essential for modernising cross-border payments, enhancing fraud prevention, and ensuring seamless interoperability and efficiency in international financial transactions. Read more

ISO 20022 88

ISO 20022 Cross-Border Payments Cross-Border Fraud Prevention 88

Stripe

OCTOBER 8, 2024

We announced increased interoperability, major upgrades to Stripe Billing, new embedded components for financial services, and a lot more.

Interoperability 86

Interoperability Product 86